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Trump Announces 100% Tariff on Computer Chips

story

6 hrs ago

Above: A TSMC logo on a smartphone with a Samsung logo in the background. Image copyright: Avishek Das/SOPA Images/LightRocket/Getty Images

story last updated 6 hrs ago

The Spin

Pro-Trump narrative

Trump's audacious 100% tariff on chips could catalyze America's semiconductor renaissance, forcing critical supply chains to return home from hostile foreign powers. This bold stroke promises to revive domestic manufacturing, create high-paying tech jobs, and liberate America from dangerous dependencies — transforming national vulnerability into strategic dominance while rebuilding the U.S.'s industrial backbone.

New York Post Market Watch

Anti-Trump narrative

Trump's 100% tariff on Chinese chips threatens to devastate both American consumers and manufacturers. With semiconductors powering everything from smartphones to cars, this punitive levy will trigger catastrophic price increases while crippling domestic industries that depend on affordable foreign chips — essentially handicapping America's technological competitiveness for the sake of protectionist theater.

BBC News FT